Jinwu Financial News | The graphite concept was strong, and the new material for olenite trains (06128) surged 156.64% to HK$0.29. As for China's graphite (02237), which rose by 40.43%, it was reported at HK$0.66.
According to the news, according to reports, the US Treasury Department said on May 3, local time, that it will provide automobile manufacturers with more “flexibility” on the requirements for using minerals in electric vehicle tax credits. These key minerals include Chinese graphite. This means that American consumers are allowed to buy electric cars with Chinese graphite batteries until the end of 2026 and still receive a tax credit of up to 7,500 US dollars.